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Economy in Waldo, Alabama

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWaldo, ALUnited States
Unemployment Rate10.40%9.10%
Recent Job Growth-1.77%-0.12%
Future Job Growth26.06%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$18,607$27,067
Household Income$38,096$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.54%12.10%
Income between 15K and 25K15.79%10.18%
Income between 25K and 35K13.16%10.56%
Income between 35K and 50K16.67%14.98%
Income between 50K and 75K20.18%19.53%
Income between 75K and 100K8.77%12.52%
Income between 100K and 150K7.01%12.14%
Income between 150K and 250K0.88%3.91%
Income between 250K and 500K0.00%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations4.13%13.81%
Professional and Related Occupations20.66%22.68%
Service12.40%14.51%
Sales and Office23.97%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance18.18%9.37%
Production, Transportation, and Material Moving29.75%15.86%
Median Household Income

The unemployment rate in Waldo, AL, is 10.40%, with job growth of -1.77%. Future job growth over the next ten years is predicted to be 26.06%.

Waldo, AL Taxes

Waldo, AL,sales tax rate is 8.00%. Income tax is 5.00%.

Waldo, AL Income and Salaries

The income per capita is $18,607, which includes all adults and children. The median household income is $38,096.


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